8. For a given procedure, F = 0.7, and the discount rate of 4%, for all4 years solve for the QALY given: year 1 q 0.2 year 2 q 0.3 year 3 q = 0.5 year 4 q 0.7 discount of 4% (used as (1/(1.04)year ) will equal: year 1 = 0.96 year 2 = 0.92 year 3 0.89 year 4 0.86 Solve for the QALY number of years. Round-off to the nearest integer. O 2 0 1 O 4 O 3

8. For a given procedure, F = 0.7, and the discount rate of 4%, for all4 years solve for the QALY given: year 1 q 0.2 year 2 q 0.3 year 3 q = 0.5 year 4 q 0.7 discount of 4% (used as (1/(1.04)year ) will equal: year 1 = 0.96 year 2 = 0.92 year 3 0.89 year 4 0.86 Solve for the QALY number of years. Round-off to the nearest integer. O 2 0 1 O 4 O 3

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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